All articles by Georgi Gyton – Page 34
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NewsRail strikes: 'Drop in footfall greater than anticipated'
UKHospitality had forecast a £1.5bn hit to sales from industrial action in December and early 2023 but has now revised this to £2.3bn as the cold weather led to further bookings being cancelled.
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NewsPret to shelve Veggie Pret concept
Pret will concentrate instead on expanding the vegetarian and vegan range within its core estate. The retailer has also announced an agreement to launch the brand in Israel
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Analysis & InsightMore consumers eating dinner out of home
Fifty-six percent of orders were ordered for consumption onsite for dinner in the last quarter, compared to 30% that were ordered for delivery, according to Lumina Intelligence
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Analysis & InsightMarket penetration up but consumers still cutting back
Consumer confidence was boosted following the announcement on the energy price cap and the appointment of a new prime minister, though in the more recent four weeks that has slipped as temperatures declined and households faced more pressure on bills, according to Lumina Intelligence
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NewsGreene King appoints investment director
Charlie Gale was previously investment manager at Star Pubs & Bars, and will join Greene King’s Premium, Urban and Venture Brands division in the new year.
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NewsDelay to announcement on energy support
Kate Nicholls, chief executive, UKHospitality, said the postponement of the government annoucement was “disappointing news” as businesses urgently need clarity
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Analysis & InsightOperators hit with higher costs for temporary chefs
The average hourly pay for temporary chefs has increased by as much as 20% in some parts of the UK as the hospitality sector struggles with recruitment.
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NewsWingstop's master franchisee records +182% revenue uplift
Lemon Pepper Holdings said it was anticipating “aggressive development” through 2023, with several new locations already secured for the new year.
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News‘Our industry needs a level playing field’
Pub companies and brewers tell MCA they welcome news alcohol duty will not rise till August - but warn a “lighter touch on unnecessary regulation” is needed in the current trading environment
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Analysis & InsightCustomisable dishes offer chance to charge premium
There has been a 20-percentage point increase in the share of dishes that are customisable, which is enabling operators to charge more, according to Lumina Intelligence.
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NewsBosher to leave Greene King
Karen Bosher, who has worked at the pub company and brewer for the past 10 years, and step down from her role as MD of Premium, Urban and Venture to pursue ”a fresh challenge”
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NewsAlcohol duty looks set to be frozen
Duties were set to increase on 1 February, but it is understood the Chancellor will delay the move for another six months
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Analysis & InsightFoodservice price inflation reaches 21.5%
All categories in the CGA Prestige Foodservice Price Index recorded double-digit inflation, with the overall figure pushing past 20% for the first time in the Index’s history. But there are signs of inflation levelling off.
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NewsPubs under threat from ‘unfair’ energy contracts
The British Beer & Pub Association said members had been on the receiving end of increased charges that fall outside the remit of the Energy Bill Relief Scheme.
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InterviewsInvestor view: ‘Moving into retail is not for the faint hearted’
For operators looking to expand into the retail channel it’s important to very clear about your proposition, “and don’t let people muck you around”, Robin Rowland, partner, TriSpan has warned.
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InterviewsInvestor view: ‘The ability to stretch your brand is a sign of strength’
The successful adoption of an omnichannel approach demonstrates the strength of your brand, but it’s not for everyone, delegates heard at the Omnichannel Foodservice Conference.
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Analysis & InsightWorld Cup delivered November sales boost for pubs
The start of the FIFA World Cup helped boost sales in Britain’s managed pub groups up by 8.1% last month, according to the latest Coffer CGA Business Tracker.
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NewsHawksmoor sees strong sales momentum return
The restaurant group recorded an increase in turnover of 74% to £35.7m for the year to 31 December 2021 but a loss of £2.3m, despite strong trading
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NewsSingle-use plastic cutlery faces ban in England
The UK government is looking to impose restrictions on the use of single-use plastic cutlery and plates in order to curb pollution of rivers and seas.
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NewsPret: ‘We no longer rely on London footfall’
Speaking at MCA’s Omnichannel Foodservice Conference, interim MD Guy Meakin said the broader spread of the business meant it wasn’t reliant on trade returning to pre-Covid levels in the capital